Synthetic Biology Market 2015 - 2025 report delivers future development strategies, key
companies, Possibility of competition, major challenges analysis. The reports
elaborate the expansion rate of the Synthetic Biology market supported
the highest company profile analysis. This report providing an in-depth
analysis, market size, and evaluation for the developing segment among the Synthetic
Biology market. Synthetic Biology Market report will help you take
expert decisions, recognize opportunities, plan effective professional tactics,
plan new schemes, analyze drivers and restraints and give you a vision on the Synthetic
Biology Market forecast.
The
global Synthetic Biology Market is expected to witness a stupendous CAGR in the
years to come. This could be attributed to its presence across loads of
end-users like industrial chemicals, agriculture, and healthcare. The synthetic
biology market would be catalyzed further by extensive research along with
collaboration of technology, science, and engineering for designing,
redesigning, producing or modifying biological systems, genetic materials, and
living organisms. The U.S., according to National Science Foundation, did
invest close to $820 million between 2008 and 2014 in synthetic biology and is
expected to continue with the same in the upcoming period as well.
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Key Questions Answered
·
What are the sales or revenue produced
by Synthetic Biology products beyond all sectors during the forecast
period?
·
What are the key trends in the Synthetic
Biology market?
·
What are the leading drivers, limitations,
and probabilities in the industry?
·
Which segment will gain the
highest revenue worldwide and which product segment will expand at the fastest
CAGR during the forecast period?
·
In which region the Synthetic
Biology market to project lucrative CAGR during the forecast period?
Market Insights:
Food security has been a matter of
utmost concern off late. Population explosion, environmental stress, and
changing climate are adding to the concern. Factors like production of food
with much better shelf life, and tailored medicinal or nutritional value are
expected to bolster the applications of synthetic biology in agricultural and
food sector. At the same time, ethical risk and biosafety regarding synthetic
biology could hamper the expansion of business. The tools used in synthetic
biology as of now include Oligonucleotides, enzymes, cloning technology kits,
Chassis Organisms, and Xeno-Nucleic Acid.
Market Segmentation:
he synthetic biology market is segmented
based on product, application, technology, and geography. By product, the
market says core products, enabled products, and enabling products. By
technology, it spans DNA synthesis, DNA sequencing, computational modelling,
bioinformatics technology, nanotechnology, microfluidics technology, pathway
engineering, modular protein assembly, genome engineering, and synthetic
microbial consortia.
By application, the synthetic biology
industry says environmental (bioremediation, whole-cell biosensors), and
medical application (drug delivery therapeutics, pharmaceuticals, artificial
tissue and regeneration), and industrial application (biofuel and renewable
energy, industrial enzyme, food & beverages, paper industry, personal care,
biomaterials & green chemicals). By geography, the market says North
America (U.S., Canada, Mexico, and the Rest of North America), LATAM (Brazil,
Venezuela, Argentina, Costa Rica, Columbia, Peru, and the rest of LATAM),
Europe (U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark,
and the Rest of Europe), Asia Pacific (India and the rest of Asia Pacific), and
MEA.
Players:
The players contributing to the
synthetic biology market include ATUM, Pareto Biotechnologies, Inc., OriGene
Technologies, Inc., Integrated DNA Technologies, Inc., GenScript, Synthetic
Genomics, Inc. and Blue Heron Biotech, LLC. Organic growth is on the anvil. For
instance – Thermo Fisher Scientific, Inc., in 2018, did license its CRISPR
(Clustered Regularly Interspaced Short Palindromic Repeats) from Board
Institute and ERS Genomics University of California for enhancing its genome
editing IP portfolio.
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